UiTM Sabah needs financial aid
He said this at a press conference after handing over financial assistance to MDAB students.
"This is the scenario here and it reflects Sabahans' desire to get education.
Among those keen include those from Pensiangan, Banggi Island and Kota Marudu."
OUR OIL FIELDS ARE RUNNING DRY?
With new technology especially in exploration and drilling, our potential oil reserves are a lot more than we are being made to believe.
Chief Minister Datuk Seri Musa Aman in unveiling the state’s 2013 Budget yesterday, said Sabah was prepared to go for a bigger budget, thanks to the record high projected revenue for next year coupled with a strong consolidated revenue account of more than RM3.
MP BN beri bayangan: 'Ada ubi, ada batas'
"Ada ubi ada batas, ada budi boleh balas," kata Siringan Gubat (BN-Ranau) dalam ucapannya ketika membahaskan Rang Undang-undang Perbekalan 2013 di Dewan Rakyat hari ini.
Beliau menambah, pantunnya itu ada kena mengena dengan pilihan raya umum akan datang.
Funds down for rural Sabah, S’wak schools
Has education in rural schools improved so much that it warranted a cut in allocation from RM424 million in 2012 to RM98 million in 2013?
Pointing out a shocking drop in funding for education allocation in rural areas, DAP secretary Chong Chieng Jen said: “The government is setting its priorities all wrong.
Pairin hopeful of more funding from KL
“Sabah still requires a lot of financial allocation, particularly for the development of rural areas which are still lagging behind in terms of infrastructure,”
1School 1Clinic: Set time frame for implementation – Masidi
Good policies must have a time frame for their implementation so that the people would not be left waiting, he said when commenting on the 1School 1Clinic proposal.
What happens when our oil wells run dry?
The stark reality is - the boom time for Malaysia – is over, but it is not all doom and gloom.
September 12, 2012: For decades, oil and gas (O&G) has been our country’s main revenue contributor. In the past, new discoveries propelled our oil production which peaked in the mid-1990s, whereas the recent high fuel prices resulted in good cash flow into the Malaysian treasury.
However, will oil which made Malaysia relatively wealthy continue to gush from our wells?
The stark reality is – the boom time for Malaysia – is over. Let me share the reasons why. Most if not all of the economically attractive fields have been found and developed. Our new discoveries are smaller, more technically demanding, and require more intensive capital investment.
Masidi hopes 2013 Budget focuses on tourism infrastructures
He said more allocations should be channelled to ensure that more attractive places in the state are promoted, as Sabah is known as the ‘natural paradise’ with several spots that are a draw for tourists.
“We hope for more funding for infrastructure because in Sabah the product is not an issue as we have a lot of tourism products, but access to the tourism products,”
Dr Mahathir’s statement riles Masing
Masing, who is Baleh assemblyman, was not impressed with the recent statement by former premier Tun Dr Mahathir Mohamad that people of the two states should be patient for natural resources to be extracted and the fruit of foreign investments to materialise before they can experience the same tempo of development as their counterparts in the Peninsula.
Oil-rich Sabah still the poorest
Sarawak and Sabah have been giving away oil for decades yet both share the 'honour' of being poor states.
It is vital that the leaders go into these discussions with Putrajaya knowing the true facts of the agreement and the events leading up to how both states were “coerced” into signing the agreements.
If I recall correctly, Sarawak commenced its oil production in the early 1900s. Sabah has been producing oil for 30 years now.
Petronas to pay RM30b dividend despite uncertain profits
A continued slide in Petronas profits will put a damper on government’s ability to spend. — File pic
KUALA LUMPUR, Sept 7 ― Petronas, previously described as Putrajaya’s “piggy bank”, said today it will pay the government RM30 billion in dividends this year despite falling profits and a challenging outlook.
The amount will likely make up more than a third of the state oil company’s net profit, after it said today that it may struggle to hit RM90 billion in pre-tax profit for the year.
Petronas chief executive Tan Sri Shamsul Azhar Abbas said, however, that there is an understanding with the Ministry of Finance that dividends will be capped at 30 per cent of profit starting next year.
Any Sabah oil royalty should be at least 20pc
They should and must be made accountable for their actions and decisions.
All the economic progressive countries in the world, without exception, have a 2-party system or in the case of more than 2 parties, a bi-partisan system like in UK. The bottom-line reality is that no political leaders, left to their own devises, can be trusted in the long run without a rigorous system to ensure their good behaviour.
Voters should be on "high alert" when they start to say "trust us, don't trust them" or "we are the best for you" without saying anything specific.
Oil royalties: Why is Musa quiet?
A special committee set up by the federal government to determine cash payments from petroleum revenue to the oil-producing states omitted to mention Sabah, claims the DAP.
Sabah receives a “ridiculous” 5% royalty and despite its natural wealth, is today the poorest state in Malaysia and relies on federal government handouts.
It has also been pointed out that the small allocation of development funds from the Barisan Nasional-led federal government does not commensurate with the size of the state.
Wakil rakyat Umno Kedah tiada wang
Mereka mendakwa tidak mendapat sumbangan dari korporat dan individu.
Pemimpin-pemimpin di bahagian termasuk wakil rakyat mendakwa mereka tidak mempunyai wang untuk melaksanakan aktiviti.
Ketua Bahagian Langkawi, Datuk Nawawi Ahmad yang juga ADUN Kuah mengakui kebenaran ini.
“Kalau tidak ada wang, kami tidak boleh menemui rakyat. Kami perlu lakukan aktiviti terutama menjelang PRU 13.
Construction courses in limbo over funds
TAWAU July 25, 2012: The Construction Industry Development Board (CIDB) has been urged not to stop funding courses for youths to become skilled construction workers.
Syarikat Putra Muhamiru, which handles the intake of trainees for courses conducted by Akademi Binaan Malaysia (ABM), said most youths in rural areas are unemployed and unable to pay for the courses.
In view of this, the company hopes the fund from CIDB will not be discontinued to ensure more local youths could be trained to join the industry.
KOTA KINABALU July 18, 2012: The State Legislative Assembly yesterday approved a supplementary supply bill of RM434.45 million to provide for additional expenditure for 2012.
Assistant Finance Minister Datuk Tawfiq Abu Bakar Titingan said the additional allocation was needed to cover expenditure for various purposes, including RM30 million for paying incentives to rubber smallholders across the state.
“This is for addressing the issue of price differences of rubber between Sabah and Peninsular Malaysia,” he said, adding that the farm gate rate offered in Sabah was lower due to higher cost of transportation, processing and direct purchase services.
Petronas mahu menghentikan pembayaran subsidi gas, malah sejak tahun lepas mahu membayar dividen yang lebih rendah!
July 18, 2012: Pada awal bulan Jun baru-baru ini, Petronas secara tidak langsung telah menyatakan hasratnya di Persidangan Gas Se-Dunia bahawa perbadanan multinasional terbesar negara ini sudah tidak sanggup lagi untuk menjadi seperti kilang pencetak wang kerajaan Malaysia. Petronas mahu menghentikan pembayaran subsidi gas, malah sejak tahun lepas, Petronas mahu membayar dividen yang lebih rendah!
Adakah Petronas seperti si Tanggang? Hasil wang minyak dan gas adalah milik rakyat dan juga amanah kerajaan.
Sabah’s unending development woes
SAPP says Sabah remains a poor state despite its abundant natural resources is because of the Barisan Nasional government.
Sabah Progressive Party, Liawan constituency liaison committee vice -chairman Joseph Wilfred Lakai, said the usual answer that “development plans are in the works” does not hold water.
